Alliance Global Group Inc. · PSE:AGI

Alliance Global — 9M 2009 Earnings Presentation

19 slides from Alliance Global's earnings presentation, 2009

  1. Slide 1: Alliance Global Group, Inc. 9M 2009 Results

    Alliance Global Group, Inc. 9M 2009 Results 1

  2. Slide 2: Financial highlights

    Financial highlights Revenue Net income CAGR: 35.3% Net income CAGR: 57.0% YoY Growth: 7% Net to AGI CAGR: 61.2% YoY Growth: 16% 36,109 30,451 6,106 25,593 5,033 4,734 23,884 4,077 19,867 2,905 3,909 14,573 3,293 3,195 , 1 579 1,579 2 501 2,501 1,729 933 1,740 2,197 1,576 1,539 1,176 646 2005 2006 2

  3. Slide 3: Solid balance sheet

    Solid balance sheet Debt profile Capitalization ratio 13% 14% 22% 24% 21% 27,602 24,067 23,643 87% 86% 78% 76% 79% 13,055 13,768 13,446 8,400 7 168 7,168 4,363 3,269 2005 2006 2007 2008 9M 09 2005 2006 2007 2008 9M 09 Debt Cash D bt Debt E it Equity Source: Company information on a proforma consolid

  4. Slide 4: Compelling revenue and net income growth

    Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 45.0% CAGR: 23.2% CAGR: 34.3% Net income to AGI CAGR: 50.4% 36 109 36,109 YoY Growth: 7% YoY Growth: 23% 30,451 YoY Growth: 16% 9,555 25,593 8,087 6,106 23,884 , 7,576 19,867 5,033 4,734 6,170 5,295 4,077 3

  5. Slide 5: 9M 2009 Results

    9M 2009 Results

  6. Slide 6: Megaworld 9M 2009 Results

    MEGAWORLD 9M 2009 Results

  7. Slide 7: Revenue Breakdown

    Revenue Breakdown 9M 2009 9M 2008 Real Estate Rental Income Rental Income 11% Real Estate 82% 78% 9% Hotel Operations p Hotel Operations 1% 2% Interest & Other Interest & Other 6% 12% (in Php thousands) 9M 2009 % Change 9M 2008 Real Estate Revenues 10,606,660 10 606 660 6% 99,969,091 969 091 Rental

  8. Slide 8: Revenues

    Revenues (in thousands) 9M 2009 % Change 9M 2008 Real Estate Sales 9,093,931 0% 9,070,611 Interest Income on Real Estate Sales 624,395 37% 456,836 Realized GP 888,334 101% 441,644 R l Estate Real E t t Revenues R 10,606,660 10 606 660 6% 9 969 091 9,969,091 Rental Income 1,418,232 41% 1,002,765 Hote

  9. Slide 9: Income Statement

    Income Statement (in Php thousands)3 9M 2009 9M 2008 % Change Real Estate Sales 9,093,931 9,070,611 0% Interest Income on Real Estate Sales 624 935 624,935 456 836 456,836 37% Total Real Estate Sales 9,718,866 9,527,447 2% C t off R Cost Reall E Estate t t SSales l 5 829 471 5,829,471 5 877 466 5,87

  10. Slide 10: Margin Calculation

    Margin Calculation (in Php thousands) 9M 2009 9M 2008 % Change Real Estate Sales 9,093,931 9,070,611 0% Interest Income on Real Estate Sales 839 984 839,984 631 306 631,306 33% Total Real Estate Sales 9,933,915 9,701,917 2% C t off R Cost Reall E Estate t t SSales l 5 829 471 5,877,466 5,829,471 5 8

  11. Slide 11: Solid Balance Sheet

    Solid Balance Sheet Net Cash C Position (in Php millions) 25,000 , 21,424 21,357 19,029 20,000 15,727 , 16,069 13,638 15,000 13,991 12,325 12,248 11,687 11,873 12,128 9,982 10,088 10,556 9,952 10,000 8,716 7 104 7,104 7 286 7,286 7 083 7,083 6,353 6,613 5,000 0 1Q 2007 1H 2007 9M 2007 FY 2007 1Q 200

  12. Slide 12: Real Estate Sales MEGA Projects Driving Growth

    Real Estate Sales (in Php) 9M 2009 % of Sales 9M 2008 % of Sales Eastwood City 735,711,505 8% 947,801,977 10% Forbes Town Center 1,456,312,541 , , , 16% 2,132,042,587 , , , 24% McKinley Hills 2,359,760,365 26% 1,979,710,475 22% Newport City 938,936,168 10% 1,919,948,107 21% Manhattan Garden City 2,1

  13. Slide 13: Breakdown of Real Estate Sales

    Breakdown of Real Estate Sales (in Php) EASTWOOD CITY 3Q2009 3Q2008 EASTWOOD PARKVIEW 1 & 2 93,376,865.92 68,606,582.83 GRAND EASTWOOD PALAZZO 1 & 2 5,245,535.71 38,621,088.87 EASTWOOD LAFAYETTE - 1,200,000.00 OLYMPIC HEIGHTS 23,902,053.57 4,961,774.55 ONE ORCHARD ROAD 1 TO 3 63,018,952.96 81,694,96

  14. Slide 14: Reservation Sales Estimates

    Reservation Sales Estimates Php (in Billions) 25 24.2 ’05-’08 CAGR: 49% 19.1 20 YoY Growth: 15.2 YoY 15 YoY 27% Growth: 85% ’03-’05 CAGR: 15% Growth: 41% 10.3 20.1 10 7.3 9M08 6.5 14.3 5.5 9M 5 9M07 09 0 2003 2004 2005 2006 2007 2008 9M 2009 Reservation Sales (RS) 2003 2004 2005 2006 2007 2008 9M09

  15. Slide 15: Reservation Sales Transforming Communities = Enhancing Value

    Reservation Sales Project As of 9M 2008 As of 9M 2008 As of 9M 2007 (in Php except units) Units Amount Units Amount Units Amount Eastwood City 388 1,973,000,000 369 2,049,730,226 439 1,740,128,636 Forbes Town Center 260 1,579,000,000 1 579 000 000 447 3,355,763,993 3 355 763 993 396 2,273,234,244 2

  16. Slide 16: Emperador Distillers, Inc.

    EMPERADOR DISTILLERS, INC.

  17. Slide 17: Robust financial performance

    Robust financial performance Revenue Gross profit and margin 33.9% 7,117 26.2% 2,412 26.2% 28.0% 5,551 21.9% 4,298 1,457 3,680 14.5% 1,128 1,032 2,805 , 2 560 2,560 561 408 2004 2005 2006 2007 2008 9M 09 2004 2005 2006 2007 2008 9M 09 EBITDA and margin Net income and margin 18.2% 11.5% 1,294 27.5% 9

  18. Slide 18: Golden Arches Development Corporation

    — oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION

  19. Slide 19: Strong rebounding profit and margins

    Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 6.8% CAGR: 17.6% Margins 21.5% 19.5% 8,378 19.4% 23.1% 7,407 13.3% 17.6% 7,092 1,595 1,631 1,639 6,429 6,124 6,570 1,272 1,076 852 2004 2005 2006 2007 2008 9M 09 2004 2005 2006 2007 2008 9M 09 EBITDA and margin Net i

Alliance Global Group — 9M 2009 Earnings Presentation on 6ix